Section A – KMP Resignation Details
- Name of Resigning KMP: Mr. Vinay Bansod (DIN: 09168450)
- Designation: Executive Director
- Reason for Resignation: To explore new opportunity
- Effective Date of Resignation: October 15, 2026 (with effect from closing business hours)
- Date of Resignation Letter: October 05, 2026
- Duration in Role: Not Specified
- Board’s Acknowledgment / Statement: The Board noted his resignation and placed on record its appreciation for his valuable contribution and guidance during his association with the Company. This occurred during the Board meeting held on October 05, 2026.
- Replacement Appointed: Not Specified
- Regulatory Compliance Statement: Disclosure made pursuant to Regulation 30 of SEBI LODR Regulations, read with Schedule III and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
- Delay in Disclosure: Not applicable - resignation was intimated on the same day it was received (October 05, 2026 at 4:53 PM IST).
Analytical Add-On: The resignation of an Executive Director could impact operational continuity and strategic oversight. The stated reason (exploring new opportunity) suggests a routine, voluntary departure rather than being performance-linked or abrupt. The resignation letter expresses commitment to a smooth transition. There is no immediate indication of governance risks, audit concerns, or performance issues coinciding with this resignation.
Additional Information from Disclosure
- Committee Memberships: Consequently, Mr. Vinay Bansod shall cease to be a member of the Stakeholders Relationship Committee and the Operation and Banking Committee of the Company.
Section B – Additional Observations or Disclosures
No additional observations or disclosures related to financial results, governance changes, or successor appointments were provided in the data.
Section C – Financial & Governance Disclosures
No financial results, auditor's reports, dividends, capital changes, or other board appointments were disclosed in the provided data.